Offshore Personal Account Application Form - Standard Bank Offshore

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Appendix B: Residence verification document instructions Need help Call +44 (0)1624 643700 Monday to Friday (7am - 5pm UK time) It is essential that you provide proof of your residential address, either as an original or certified copy. Address confirmation is required for one person if the account is for a married couple living at the same address. A certified copy must state “Certified as a true copy of the original” and include a date, the Certifier’s name, signature, position held and contact details (telephone number or email address). A certified translation must be submitted where the document is not in English. Please note we are unable to return original copies to you. • A utility bill (electricity, gas, water) that is no more than six months old (excluding mobile phone bills) • A Bank, Building Society or Credit Card statement from a recognised financial institution (excluding store cards) that is no more than six months old • A valid, full, UK or Isle of Man driving licence (if not used for confirmation of your identity) • For Standard Bank customers only - confirmation of address can be provided by your branch by completing Appendix D below Appendix C: Call Account and Fixed Term Deposits - full range of currencies • Sterling • US Dollar • Euro • South African Rand • Australian Dollar • Canadian Dollar • Danish Krone • Emirati Dirham • Hong Kong Dollar • Japanese Yen • New Zealand Dollar • Norwegian Krone • Russian Ruble • Singapore Dollar • Swedish Krona • Swiss Franc Appendix D: Standard Bank Group customers only If you are a Standard Bank Group customer please complete Section 3 (your main bank account details) and hand this fully completed application form, together with certified copies of your identification, to a member of staff at any branch of Standard Bank who MUST complete the following declaration before sending your application to us. For Bank use only We confirm that (Applicant(s) name) is / are known to us and that the signature and residential address details in this application match those in our branch records, by signing this declaration we also consider that the applicant(s) is / are suitable to operate an account with Standard Bank Isle of Man Limited. Signature Print name Branch name Manager / Director / Officer Account holding branch code Branch stamp Need help Call +44 (0)1624 643700 Monday to Friday (7am - 5pm UK time) Page 10 of 10
General Terms and Conditions for Personal Accounts Standard Bank Isle of Man Limited 1. Introduction 1.1 These Terms set out the terms and conditions upon which we, the Bank, will provide banking services to you and references to “we”, “us” or “our” should be read in this way. References to “you” or “your” are references to the person or persons in whose name the account is held. 1.2 Our services to you will be limited to providing general banking services, including deposit taking in the form of current accounts and savings accounts. 1.3 These Terms form a legal agreement between you and us, so please ensure that you understand all of them. You must let us know as soon as possible (and in any event before using our services) if there is anything which you do not understand or need made clearer. 1.4 In addition to these Terms, the agreement between you and us includes terms that are specific to each of our accounts, services or products (as defined under “Other Terms” below). 2. Interpretation 2.1 “General Terms and Conditions” or “Terms” means these Terms and Conditions as amended from time to time in accordance with these Terms. 2.2 The following expressions in the Terms shall have the following meanings: “Account” means any account opened by us in your name at your request; “Account Application Form” means the Personal Account Application Form for International Personal Banking or International Private Clients as applicable; “Applicable Regulations” means all applicable laws, rules and regulations as in force from time to time including without limitation the Foreign Account Tax Compliance Act (FATCA) or analogous law in any relevant jurisdiction, any anti-money laundering legislation, any data protection legislation and any rules of a relevant regulatory authority in the jurisdiction in which an account is opened; the “Bank” means Standard Bank Jersey Limited in respect of an account opened in Jersey or Standard Bank Isle of Man Limited in respect of an account opened in the Isle of Man; “Business Day” means any day on which banks in Jersey or the Isle of Man, as appropriate, are generally open for business, other than weekends and local bank holidays in Jersey, Isle of Man or the United Kingdom; “Card” means a debit or credit card issued in relation to an account (if offered with such account); “Other Terms” means any other written Terms and Conditions or agreement between you and us which govern transactions, including but not limited to our Charges for Banking Services leaflets for International Personal Banking or International Private Clients and the Specific Terms and Conditions for International Personal Banking or International Private Clients; “Standard Bank Offshore Group” means Standard Bank Offshore Group Limited, which has its registered office at 47-49 La Motte Street, St Helier, Jersey, JE2 4SZ, or any subsidiary of it which includes Standard Bank Jersey Limited and Standard Bank Isle of Man Limited; and “Standard Bank Group” means Standard Bank Group Limited or any subsidiary of it. Standard Bank Group Limited has its registered office at 9th Floor, Standard Bank Centre, 5 Simmonds Street, Johannesburg 2001, Republic of South Africa. 3. Application 3.1 These Terms apply to all personal accounts listed in the Specific Terms and Conditions. Other Terms may also apply, and must be read in conjunction with these Terms. 3.2 By signing and submitting the Personal Account Application Form you are agreeing to be bound by these Terms and applicable Other Terms. 4. General 4.1 You agree that we may delegate or outsource our obligations under these Terms to one or more other persons or entities. We acknowledge that the delegation or outsourcing of our obligations under these Terms shall not affect our responsibility to you to fulfil them. 4.2 These Terms, together with any Other Terms, are the entire agreement between us and you and supersede all earlier agreements relating to the subject matter of these Terms. We will provide a copy of these Terms and any Other Terms at any time on request. If you would like to request a copy of these Terms or any Other Terms, please contact the Bank in the jurisdiction in which your account is located who will arrange the same. Contact details in respect of each of our Jersey and Isle of Man offices are set out at the end of these Terms. In the event of any conflict between the provisions of these Terms and any Other Terms, the provisions of the Other Terms shall prevail, except where any Applicable Regulations require otherwise. We may allow you extra time to comply with your obligations or decide not to exercise some or all of our rights. This will not affect our right to require the strict application of these Terms or any other of our rights later on. 4.3 You must not use any account or other facility provided by us for any illegal purpose. 5. Account opening Availability 5.1 We may at our sole and absolute discretion decline to establish an account relationship with any applicant for an account. We will be under no obligation to communicate the reason for our decision to the applicant. 5.2 We reserve the right to determine the jurisdiction in which an account(s) is / are opened. 5.3 In applying to us to establish an account relationship you are agreeing to complete the Personal Account Application Form fully and truthfully. At account opening and at any time throughout the lifetime of the account, you are also agreeing to provide us with any supplementary documentation and information we may request from time to time in order to undertake our due diligence obligations as required under the Applicable Regulations. You are also agreeing to provide us with any documentation and information we may request from time to time where you appoint a third party as a signatory on your account in order for us to undertake such due diligence requirements. 5.4 Applicants must be at least 18 years of age to open an account with us or to be a party to a joint account. Credit reference agencies 5.5 We may undertake searches with appropriate credit reference agencies, using information from the Electoral Roll and other public information sources, to verify your identity and suitability prior to opening an account. 5.6 We may also provide information about you to credit reference agencies who may make this information available to other organisations at any time during the operation of your account to help us make credit decisions and to prevent and / or detect crime. Fraud prevention and law enforcement 5.7 If false or inaccurate information is provided and fraud is identified or suspected, details may be passed to fraud prevention agencies or financial crime units. Law enforcement agencies may access and use this information. Application of monies 5.8 Subject to these Terms, monies introduced by you, or by any other person or entity on your behalf or for your benefit, will be applied to the account. In the event that our due diligence obligations cannot be completed to our satisfaction, any monies received from you or on your behalf may be returned to the remitter at our sole and absolute discretion at any time. We, and our directors, officers and employees shall not be liable for such monies or losses arising from us sending money back and you indemnify all of the aforesaid in respect of lost interest and / or other losses sustained and / or any costs otherwise incurred through funds being returned to the remitter for whatever reason. 6. Account operation Charges 6.1 We may apply charges for the use of an account and for services provided to you. The charges are detailed in our Charges for Banking Services leaflet, which is available from us on request. These charges are applicable to all account holders unless we have agreed an alternative arrangement in writing. 6.2 Charges for additional information or information provided at your request will be agreed between you and us on a commercial basis. 6.3 We may apply new or revised charges. We will notify you in writing at least 30 days before any change is introduced. Cheque clearance 6.4 We will only accept cheques and drafts which are payable to you for payment into your account. Cheques drawn in Sterling that can be cleared through the UK clearing system will normally be treated as cleared within 6 Business Days after processing by us. Interest will start to accrue 2 Business Days after processing by us. No interest will be paid on a cheque if it is subsequently returned unpaid. All other items will be cleared by whatever means we at our sole and absolute discretion consider most appropriate. We may agree to “negotiate” a cheque although we are not obliged to do so. This means that we may add the full amount (or the converted amount if the cheque is in a different currency than your account) to the balance of your account before the cheque is cleared. If the cheque is returned unpaid, we will have “recourse” against you (and anyone who has signed or endorsed it). This means that we will be entitled to deduct from your account (or any other relevant account) either the amount we added or, if we converted the cheque into another currency, the amount reconverted at the exchange rate applicable on the date we make the deduction. If the rate of exchange has changed, the amount we deduct could vary from the amount we originally added to your account. We cannot be held liable for any loss incurred, including for example any loss of items or value due to loss in the clearing process, loss in transit or failure to pay by the paying bank where we have taken all reasonable steps to avoid such loss. Conversion of currencies 6.5 In the absence of any contrary instructions we reserve the right, if it is deemed appropriate, to: 6.5.1 Convert incoming funds into a currency for which an account already exists. 6.5.2 Carry out a foreign exchange on an outward payment into the domestic currency of the country of the bank where the payment is being sent. 6.6 Conversions will be carried out at the prevailing rate of exchange as determined by us at our sole and absolute discretion on the date cleared funds are received or the payment is made. You will be liable for any currency conversion charges. Any loss incurred on an incoming or outward payment as a result of a foreign exchange conversion will be borne solely by you. Communications 6.7 You authorise us to treat any communication which we reasonably believe is made (whether over the telephone, by post or otherwise) by you or otherwise notified to us as having been made by you, without further enquiry. 6.8 We give no undertaking, warranty or representation that access will always be available by telephone or any means of electronic communication during normal operating hours. 6.9 You consent to receiving information from us by means of our website, www.standardbank.com/international (or for Private Clients on www.standardbank.com/privateclients) where it is appropriate for us to provide information in this manner. 6.10 All communications by telephone may be recorded. 6.11 We will be entitled, but not obliged, to communicate with you electronically. 6.12 Instructions from you to us by any form of electronic communication will only be accepted at our discretion where we hold a signed request and indemnity from you in relation to accepting instructions by means of the particular form(s) of electronic communication. Such indemnities are included for your consideration and signing in the application forms for accounts with us. 6.13 We may decide, at our sole and absolute discretion, to act or decline to act on general enquiries received via email or other electronic communications. Instructions 6.14 You authorise us to accept and act on your instructions, even if carrying out these instructions creates a debt on your account. 6.15 We may at our sole and absolute discretion delay or refuse to act on any instruction (including instructions to pay out of an account) or accept a payment into an account if we reasonably believe that: • you did not give the instruction; • we are unable to authenticate to our own satisfaction the source of the instruction; • the instructions are unclear, incomplete or not in the required form; • there is a security or other legal reason to do so; Effective 1 January 2014
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Offshore Personal Account Application Form - Standard Bank Offshore

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